Hour 1 of The Dawn Stensland Show:
- House Speaker Bryan Cutler has appointed five legislators to serve on a Pennsylvania House of Representatives’ select committee to investigate Philadelphia District Attorney Larry Krasner. Philadelphia Democrats Amen Brown and Danilo Burgos will serve on the bipartisan Restoring Law and Order committee.
- Two more young people have surrendered to police in connection with the brutal, deadly beating of an elderly man in North Philadelphia.
- EJ Antoni—Research Fellow for Regional Economics in the Center for Data Analysis at The Heritage Foundation—joins the show to discuss a $1 trillion, new version of President Biden’s Build Back Better legislation that Democrats are hopeful they can pass. The legislation consists of alterations to Medicare Part D, higher taxes, and large government subsidies for renewable energy. Dr. Antoni also talks about his most recent editorial, “Democrats Could Make a Recession Even Worse.” Why would the Biden Administration continue to spend recklessly while the nation combats 9.1% inflation?
- According to statistics from The Heritage Foundation, inflation is making “the average worker $1,800 poorer.”
- JP Morgan’s second quarter earnings declined by 28%. Last month, the company’s CEO Jamie Dimon warned consumers of an approaching recession.
- A visibly frustrated Jake Tapper asked White House Economic Advisor Cecilia Rouse why the Biden Administration isn’t doing more to address record high inflation—Rouse blamed energy prices and Congress for the lack of results.